Question to the Ministry of Housing, Communities and Local Government:
To ask the Secretary of State for Levelling Up, Housing and Communities, whether he is taking steps to reduce private sector rents in Nottingham East constituency.
The Government recognises the cost of living pressures that tenants are facing, and that paying rent is likely to be a tenant’s biggest monthly expense. The level of private sector rents is not directly a matter for Government, however, we are taking steps to increase housebuilding to help create a more sustainable and affordable housing market over the long term. The Government is on track to meet its manifesto commitment to deliver a million homes over this Parliament.
The Government also welcomes new institutional investment in the private rented sector. The Build to Rent sector has built over 100,000 new homes over the past 13 years and they continue to play a part in increasing the supply of homes in the private rented sector.